1 of 2 partners sold his partnership interest on 4/30 last year for $15K. How should it be booked in QBS and Turbotax? Both partners have a $12,338 loan to the partnershp in Business & farm
1031 exchange when the relinquished property depreciation has not been taken for many years in Deductions & credits
If I took out a loan for a business vehicle last year, should I enter the vehicle under long term assets and what does beginning of year and end of year mean? in Business & farm